DSV (OTCMKTS:DSDVY) Short Interest Down 57.4% in July

DSV (OTCMKTS:DSDVY) was the recipient of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 3,387 shares, a drop of 57.4% from the July 15th total of 7,960 shares. Based on an average daily volume of 172,247 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

DSV Stock Performance

OTCMKTS:DSDVY opened at $110.92 on Monday. The company has a fifty day moving average of $117.18 and a 200 day moving average of $124.03. DSV has a 52 week low of $97.90 and a 52 week high of $151.98. The firm has a market capitalization of $53.34 billion, a P/E ratio of 33.71, a P/E/G ratio of 0.90 and a beta of 1.20. The company has a quick ratio of 0.94, a current ratio of 0.97 and a debt-to-equity ratio of 0.38.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on DSDVY shares. Zacks Research lowered shares of DSV from a “hold” rating to a “strong sell” rating in a report on Friday, June 19th. Citigroup reaffirmed a “buy” rating on shares of DSV in a research note on Thursday, July 9th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of DSV in a research report on Thursday, July 16th. Finally, Morgan Stanley reissued an “overweight” rating on shares of DSV in a research note on Thursday, July 23rd. Three research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, DSV has an average rating of “Moderate Buy”.

DSV Company Profile

DSV A/S (OTCMKTS:DSDVY) is a Danish global transport and logistics company that provides end-to-end supply chain solutions to businesses across a wide range of industries. The firm’s core services include road transport, air freight, ocean freight, freight forwarding, contract logistics and warehousing, together with customs clearance, distribution and value‑added services designed to support complex international supply chains.

Founded in the mid-1970s in Denmark, DSV has grown through a mix of organic expansion and strategic acquisitions, notably strengthening its global freight and forwarding capabilities through transactions such as the acquisitions of UTi Worldwide and Panalpina.